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China is going to increase more defense spending in budget

USNMix Report: China is
going to increase its defense budget, so billions of dollars will spent.

After the US, China is
second in the defense budget.

China, which spent most of
the time on defense after the US, defended heavy allocation on Monday in this
item. At the same time, he pointed out this year that the defense budget was
going to increase further and said that he did not create any 'threat' for any
other country. China had increased its defense budget by 8.1 percent last year.
With this, its expenditure on the defense sector has increased to $ 175
billion, which is three times more than India.

At the same time, China's
Prime Minister Li Keqiang will announce the exact
figures in the details of his work during the annual session of the National
People's Congress (NPC) on Tuesday. Although NPC spokesman Zhang Yesui
indicated in the media on Monday that China would continue to spend huge on
defense He said that the increase in defense expenditure of the country is less
compared to other 'major developing countries'.

Zhang said, "Whether a
country is a military threat to another country or not, it should not be
assessed by the increase in defense spending, but on the basis of its foreign
and national defense policy."

The Indian government has
allocated Rs 2.95 lakh crore for the defense budget in fiscal year 2018-19,
which is 7.81 percent more than the previous year's 2.74 lakh crore rupees. In
the General Budget presented on February 1, a total amount of Rs 99,947 crore
has been fixed for the purchase of new weapons, aircraft, warships and other
military equipment for the three services of the Army under the Total Defense
budget. 12.10 percent of the allocation for the total budget of Rs 24,42,213
crore for the Defense Budget 2018-19.